Investment Summary

Stern Partners Invests In McRae’s Environmental Services

On November 19, 2013, private equity firm Stern Partners invested in environmental company McRae’s Environmental Services

Investment Highlights
  • This is Stern Partners’ 1st transaction in the Environmental sector.
  • This is Stern Partners’ 7th transaction in Canada.
  • This is Stern Partners’ 5th transaction in British Columbia.

Investment Summary

Date 2013-11-19
Target McRae’s Environmental Services
Sector Environmental
Investor(s) Stern Partners
Deal Type Stake Purchase

Target

McRae’s Environmental Services

Richmond, British Columbia, Canada
McRae’s Environmental Services is an infrastructure maintenance and environmental services business involved in offering modern fleet of equipment and trained personnel to their diverse customer base. Their services are hydro-excavation, liquid-waste hauling & disposal, holding tank rental & service, hazardous waste disposal & management, mainline sewer cleaning and CCTV pipeline inspection. McRae’s Environmental Services was founded in 1955 and is based in Richmond, Canada.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

DESCRIPTION

Stern Partners is a diversified holding and investment firm focused on opportunities in Canada and the Western US. The Firm does not have any sector preferences but has experience in manufacturing, publishing, distribution, retail, and services. Stern will consider investing in a variety of securities, including equity, convertible securities, debentures, mezzanine and other investments. Prospective transaction situations include recapitalizations, divestitures, growth capital financings, special situations, take privates, and buyouts. Stern Partners is based in Vancouver, British Columbia.


DEAL STATS #
Overall 8 of 15
Sector: Environmental M&A 1 of 1
Type: Stake Purchase M&A Deals 2 of 3
State: British Columbia M&A 5 of 10
Country: Canada M&A 7 of 14
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-04 Port Hawkesbury Paper

Port Hawkesbury, Nova Scotia, Canada

Port Hawkesbury Paper produces high quality supercalendered (SC) paper for use in retail inserts, magazines and catalogs. Modern equipment, in combination with effective management and a highly skilled workforce, make the mill one of the premier paper manufacturers in the world. In addition to its SC machine, the mill has three thermomechanical pulp (TMP) lines. Port Hawkesbury Paper is based in Port Hawkesbury, Nova Scotia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-20 Comark

Mississauga, Ontario, Canada

Comark is a mall-based specialty fashion clothing retailer with over 300 stores, serving customers under three popular, distinctive retail banners cleo, Ricki's and Bootlegger. Comark is based in Mississauga, Ontario.

Buy -